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Serviced Apartments Procurement Research Report | Published: Oct 2015

Helping businesses make better purchasing decisions, faster

Serviced Apartments: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Serviced Apartments Procurement Research Report provides the latest price data and the factors underpinning price movements, such as input costs and external demand drivers. The report identifies the leading suppliers of Serviced Apartments and offers a strategic analysis of the key factors influencing the way the procurement market works. Data forecasts also accompany our analysis so your company can make purchasing decisions with confidence.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 12-15
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 15-18
Price Change
Serviced Apartments - Recent Price Trend

Average rental rates for serviced apartments have risen at an estimated average annual rate of 2.0% from 2012 to 2015. Input cost growth is one of the factors driving these price increases. In particular, overhead costs for suppliers are rising, and suppliers are passing these increased costs to buyers in the form of higher rental rates. To a lesser extent, price growth of key purchases,... purchase to read more

Serviced Apartments - Total Cost of Ownership

The inclusion of amenities in the rental cost is one of the main factors that differentiate serviced apartments from hotels, motels and regular apartments. Unlike these other residences, serviced apartments include parking, internet access, laundry facilities and additional services as part of their standard package, meaning that buyers do not have to pay extra for these amenities like they would... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of serviced apartments. For the purpose of this report, the term buyer will refer to any party looking to rent serviced apartments. Providers operating in this market, which include hospitality conglomerates and serviced apartment specialists, offer long-term and short-term furnished accommodations to meet temporary housing needs. These facilities often come equipped with resources unavailable in other temporary residences, including kitchens and dishwashers. Corporate housing and extended-stay hotels are the main types of serviced apartments. This report does not include regular hotels and motels or nonserviced apartments.



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